Advertisement

Zuckerberg falls out of Top 10 Tech Billionaire list.

 (Read 2905 times)

Admin

  • Administrator
  • Hero Member
  • *****
  • Posts: 1549
    • The Jucktion
Mark Zuckerberg is having some tough times since the company went public few months back. And now he's officially off the Top 10 Tech Billionaire list. And the talk is fall isn't going stop there.

Mark Zuckerberg’s fortune fell by $423 million on Thursday to $10.2 billion. That puts him $400 million behind James Goodnight, the co-founder of SAS Institute, the new number 10 on the $21 billion when the company went public in May.

Zuckerberg owns 503.6 million shares of his company including 60 million options with an exercise price of $.06 a share. He also has $150 million in cash and other liquid assets, Bloomberg reports.
Facebook’s stock price on Thursday was down 47% from its $38 debut. On Friday morning, however, the stock was up about 2%.

Source:
https://mashable.com/2012/08/03/zuckerberg-drops-top-10-tech-billionaires/